Stocks Rise On Reopening Momentum In Europe, US
Stocks rise on reopening momentum in Europe, US
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Stocks rise on reopening momentum in Europe, US
Morgan Stanley (MS.N) announced a slew of leadership changes on Thursday, firing the starting gun on the competition to replace Chief Executive Officer James Gorman in the coming years.
by Tyler Durden Thursday, May 20, 2021 - 01:52 PM In a move apparently engineered to preempt shareholder concerns in the wake of JPM's succession-planning-oriented shakeup (CEO Jamie Dimon has said he won't retire for at least another five years, though he had a heart attack during the COVID crisis last March), Morgan Stanley is planing a similar move as CEO James Gorman positions two key lieutenants as possible successors. Ted Pick, Daniel Simkowitz, Andy Saperstein and Jon Pruzan Bloomberg reports that Ted Pick, billed as "the architect of Morgan Stanley's trading revival," and Andy Saperst...
Morgan Stanley Chief Executive Officer James Gorman has unveiled a slew of leadership changes at the bank with eyes on a successor for the top job, Bloomberg News reported on Thursday.
Ted Pick and Andy Saperstein were named co-presidents at Morgan Stanley, part of a series of executive moves within the firm.